“With a sincere sense of gratitude, I regretfully announce the upcoming retirements of our hospital [CEO] Dennis Reilly and [CFO] Randy Ruther,” Sister Sharon Ann Walsh, chairperson of the Little Company of Mary Hospital’s board of directors, wrote in an emailed statement.
Mr. Reilly will retire July 1, ending a 17-year tenure as CEO. Ms. Walsh noted Mr. Reilly discussed his plans to retire with the board’s executive committee months ago.
Mr. Ruther, who served as CFO of the hospital for 22 years, will retire Sept. 30.
The announcement comes less than one month after the hospital and Chicago-based Rush Health System terminated their plans to merge.
“While the anticipated timeline for completing our hospital affiliation has now changed,” the retirement plans of both hospital leaders will continue as scheduled, Ms. Walsh wrote in the statement.
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